Thomas P. Broughan
Ceist:259 Deputy Thomas P. Broughan asked the Minister for Finance his latest forecast on the timeframe for Ireland to emerge from this recession; and if he will make a statement on the matter. [5160/10]
Amharc ar fhreagraDáil Éireann Debate, Tuesday - 2 February 2010
259 Deputy Thomas P. Broughan asked the Minister for Finance his latest forecast on the timeframe for Ireland to emerge from this recession; and if he will make a statement on the matter. [5160/10]
Amharc ar fhreagraIn my Budget speech last December, I outlined my Department's expectation that economic growth would be positive by the second half of this year. Developments since then are consistent with this.
Furthermore, I note that the Central Bank, in its quarterly bulletin published last week, is also expecting positive annual growth by the second half of the year.
So while there is more to be done, we are clearly on the right path.